Good morning Jay,
Yes, it is.
Just select (CTRL + left mouse click) in the last version and the version that you want to restore.
Right-click on the selection and press Compare.
Now you see a window with the object view from the two versions.
Go to: File - Export Right Side.
Then you just need to import it and overwrite.
The process should be more clear and simple, but unfortunately, it's not.